Woodland Hills, CA. (May 4, 2020) – NewMark Merrill Companies, a Woodland Hills, California-based retail shopping center development company, announced that its President and CEO Sandy Sigal has been selected by GlobeSt. Real Estate Forum as an “Influencer in Retail.” Sigal oversees and the day to day operations and strategic direction of NewMark Merrill which has acquired and/or developed over 80 retail centers totaling over 10,000,000 square feet and in over 80 cities since 1997. The list includes people who reflect special characteristics that have allowed them to make a mark on the industry.
Sigal was recognized for pushing the technology envelope in the retail real estate industry, having been one of the first to utilize artificial intelligence (AI) with the help of Placer to analyze customer traffic and partnered with Merchant Centric to compile information on consumer feedback. He is also Chairman and Co-Founder of BrightStreet Ventures, a company he co-founded to provide more opportunities to his tenants and other owners of centers by integrating on-line platforms with the traditional brick and mortar business. Sigal and NewMark Merrill Companies invested in in 22 tech-related ventures in 2019 and are on the forefront of tech leadership, trying to find the best tools to make their tenants more successful and create a better shopping experience for its customers.
“We are continually looking to use technology to become more efficient, provide a better product to the community, understand our customer and serve our tenants,” said Sigal. “With the recent COVID crisis, we must use data to understand our tenants’ situation and act accordingly in a positive way that also benefits the community.”
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns or manages a portfolio of over 80 shopping centers valued at more than $2 billion. Since 1987, President and Chief Executive Officer Sandy Sigal has led the company of shopping centers representing over 1,500 tenants and 10 million square feet in California, Colorado and Illinois. The Company has founded and invested heavily in BrightStreet Ventures, its technology company, which is working on leading edge solutions for landlords and tenants to succeed in today’s retail environment. For more information, visit NewMarkMerrill.com.